Justice Department sues to block HPE’s $14B Juniper acquisition
The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.
Justice Department Sues to Block Hewlett Packard Enterprise’s Bid for Juniper Networks
WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a $14 billion deal that would join the second-largest and third-largest providers of wireless networking solutions for large corporate customers.
Justice Department sues to block $14 billion acquisition by Hewlett Packard Enterprise.
The DOJ sees the proposed acquisition of AI-native network company Juniper Networks as a way for HPE to scoop up a “smaller, innovative rival,” and further consolidate a market in enterprise networking.
DOJ sues to block HP Enterprise from buying Juniper Networks
The Justice Department on Thursday sued to block Hewlett Packard Enterprise from buying Juniper Networks for $14 billion. Why it matters: This is the first antitrust case filed by the Trump administration,
Hewlett Packard Enterprise Shares Fall As US Department Of Justice Sues To Block Juniper Acquisition
Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.
DOJ Moves to Block HPE’s $14B Juniper Buy, Citing Antitrust
The Justice Department is challenging Hewlett Packard Enterprise’s $14 billion bid for Juniper Networks, arguing the deal would stifle competition in enterprise
US Justice Department sues to block HPE’s $14 billion Juniper buy
DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.
DOJ Sues To Block HPE’s $14B Acquisition Of Juniper Networks, Claims Deal Will ‘Reduce Competition, Weaken Innovation’
The U.S. Department of Justice is suing to prevent HPE's $14 billion acquisition of Juniper Networks, saying that the blockbuster deal will “reduce competition and weaken innovation.”
Hewlett Packard Enterprise And Juniper Networks Oppose DOJ's Lawsuit To Block Acquisition
Hewlett Packard Enterprise Company (HPE) and Juniper Networks, Inc. Thursday addressed the U.S. Department of Justice's complaint
US DOJ sues to block Hewlett Packard Enterprise's $14 bn Juniper deal
DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' controlling more than 70 per cent of the US market for networking equipment
Department of Justice sues to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper
The Department of Justice has sued to block a merger involving Houston’s largest publicly traded software company a year after the deal was announced.
A Hewlett Packard exec sent a dramatic ‘KILL MIST’ email during its aggressive campaign to crush a rival, court docs revealed. Now HP wants to buy it for $14 billion
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
Hewlett Packard Enterprise Co. stock underperforms Tuesday when compared to competitors
This was the stock's second consecutive day of losses.